What the world doesn't know

Bitcoin owners will never be able

to cash bitcoins

for its exchange value:

Bitcoin derivatives:

At this moment in time, Bitcoin appears to be one of the most speculative financial instruments available on the market. Believe it or not, Bitcoin even has a futures derivatives market. These are products that offer yet more risk. For example; on its Perpetual Bitcoin/USD Swap Contracts, BitMEX offers up to 100x leverage! But, to really understand why Bitcoin is eventually headed for a crash, consider the most famous market bubble in history.

The Dutch Tulip Mania:

In the 17th century, formal futures markets developed in the Dutch Republic, providing the infrastructure for a massive bubble in the price of tulip bulbs. The tulip first became fashionable in France, where early modern ladies of the aristocracy began sporting the flower on their dresses. From there on, the tulip became the flower to show off social status and wealth. The demand for bulbs subsequently skyrocketed, and prices followed suit. At the peak of Tulip Mania in 1637, a single tulip bulb could cost as much as 10,000 gilders, the price of a nice middle-class townhouse in Amsterdam. According to one author, 12 acres of land was once offered for one rare bulb. For a flower bulb!

Of course, the bubble eventually burst. The price of tulip bulbs collapsed, and fortunes in perceived value disappeared overnight. Now, consider whom the people were, who took part in the Dutch Tulip Mania, and compare them to the majority of Bitcoin owners, it seems both groups share the same shortcomings. Both groups are speculators betting on a hot new product. A good premise is to compare the investment sophistication of the Dutch tulip investors, and today’s Bitcoin buyers, because formal futures markets for Bitcoin were only recently developed. The Dutch tulip buyers were inherently unsophisticated investors. All of them. They simply didn’t have the experience.

The majority of today’s Bitcoin buyers are generally younger, so they share the same inexperience. For many Bitcoin buyers, it probably represents their first real investment. They simply don’t have experience in risk management. This becomes clear when considering some are buying products with 100x leverage!

Bitcoin could be the tulip mania of the 21st century with the development of a textbook bubble that could be setting itself up for an eventual crash. But, there’s another similarity to the Dutch tulip story that often is overlooked, andthat actually provides a bullish outlook for the – blockchain – technology.

Blockchain technology:

Truth is, the Dutch tulip bubble never really ended, it evolved. The price of tulip bulbs collapsed in the 17th century. But the flower industry at large eventually recovered and has never been bigger. Global floral production value is currently estimated at $55 billion.

People still pay thousands for rare flowers. In fact, an anonymous buyer paid over $200,000 for a rare orchid in 2005. And that’s not even considered the most expensive flower in the world. The tulip singled out as a product may have lost favour, but the collapse of the tulip market didn’t completely kill the flower market. In the same way, don’t expect a collapse of Bitcoin prices, to completely kill the blockchain-based currency market.

Bitcoin is simply one product of many blockchain-based currencies.

A crash in Bitcoin would not throw a wrench in the blockchain-based revolution, as there is no doubt that blockchain technologies are the future. In fact, quite a number of bank chains and large financial institutions are currently researching how to implement blockchain technology into their own systems. It has already been proven to eliminate the necessity for verification, improve security, while new applications are being tested every day. So, while Bitcoin itself could eventually be headed for a crash, the blockchain technologies that are supporting all these digital currencies seem set for an unprecedented growth.

The real danger for Bitcoin:

Here is the math why 99% of current Bitcoin owners will never be able to sell bitcoins for anything close to its perceived exchange value.

Bitcoins currently in circulation: Roughly 16,350,000

Current Bitcoin price vs. the USD: Roughly $2500

1,000 bitcoins represent roughly 006% of the total number of Bitcoins that exist.

The average drop in Bitcoin price from a selloff of just 1,000 bitcoins, is $30– see raw data of price moves at Bitcoincharts.com.

Estimated drop in the Bitcoin price that would occur from the sale of 10,000 bitcoins – just 0.06% of the Bitcoin supply – is a $300.

Estimated drop in Bitcoin price from the sale of 100,000 bitcoins – just 0.6% of the Bitcoin supply: $3000. But wait, Bitcoin is only worth $2,500, so wouldn’t a selloff of 100,000 Bitcoins cause the price to plunge the price toward zero? YES, it would.

If just 1% of current Bitcoin owners try to sell all their Bitcoins, the ‘value’ of Bitcoin; would Approach $ZERO.

What percentage of current Bitcoin owners think ALL their Bitcoins are worth 100% of the current high price?

The actual percentage of current Bitcoin owners who can unload Bitcoins without crashing Bitcoin values toward zero, is Perhaps 1% – 2%, and even that percentage may prove to be too high.

Consequently, the percentage of current Bitcoin owners who are going to learn a very expensive lesson from this modern-day “tulip bulb mania” is Perhaps 98% – 99%.

Conclusion:

Bitcoin values are illusory and do not represent real value when attempting to exit the system. Besides, an insider whose name cannot be disclosed, for security reasons, has said:

“Bitcoin is the cabal’s money for drugs payment transfers.”

The extreme rise in the price of Bitcoin in such a short period of time from $1,000 to $2,500 occurred because the Federal Reserve is the owner of the majority of Bitcoins in circulation, and it has decided to rid itself of a competing currency by driving up the price with purchases, while accumulating an ever larger position, which then will be suddenly dumped in order to crash the market and scare away potential users of Bitcoins and other cryptos. Take into account that the Fed can create all the money it wishes and therefore it doesn’t have to worry about losses.

The problem with crypto currencies is that while Bitcoin cannot be increased in supply, this will eventually cause its demise, while other crypto currencies can be created at will and run the risk of encountering the same fate. In order to be trusted, each crypto currency has to have a limited supply, while on the other hand, paradoxically, an endless number of different crypto currencies could be created that would greatly increase the supply of crypto currencies in general.

It is quite clear that Bitcoin can only aim to be aderivative of the dollar, or any other fiat currency. In other words; it is allied with the existing monetary currencies. It doesn’t have a feature anything greater than that: it doesn’t have an independent, sovereign value in of itself, like gold. Bitcoin unlike gold or silver is not physical – something of substantial existence with intrinsic value.

No one can deny that the dollar itself is a fiat currency, and that in all of history, absolutely all fiat currencies have ended in total collapse regarding exchange value. So, what is the future of Bitcoin, and by extension of all other cryptos, when the fiat dollar and all other paper currencies finally crash? Without a testimonial value, what will be the value of a Bitcoin then? Zero.

Bitcoin is a non-thing. It will never be able to have an independent, sovereign value on its own, because it is not backed by anything. It is as equally unbacked as all today’s currencies in the world. Only gold or silver backed crypto currencies are viable and will endure the test of time. In a follow-up essay the digital cash currency Dash will be highlighted.

Breaking News Ahead:

The world is within reach of the new gold standard that is going to replace the corrupt Khazarian money system, called Federal Reserve Monetary system based on the US-dollar.

Count with a multiple increase in prices for precious metals. If you want to save yourself and your family, try to buy these now. This might be your very last opportunity!

The man who is blocking the new financial system and preventing the use of Asian gold for the benefit of the planet is Baron Jacob Nathaniel Rothschild. He is the head of the Khazarian mafia octopus that controls the issuance of US dollars, Euros, Japanese yen and many other currencies, except the Chinese Yuan and Russian Rouble. It was he who stood in the way when the Asian elders offered gold at a 13% discount in 2016, to implement the global currency reset. Although this plan received support from the majority of RKM controlled agencies and Archon family members.

Rothschild is only steps away being convinced he is fighting a losing battle.

Listen to Jim Willy who explains in clear plain language what has been achieved, is in progress, and what is next. Count on a rough ride to Paradise.

1 Comment

There is no question the Cabal is on the ropes, but they are still attempting to work their way out of their current predicament.the once “invincible” Cabal is stuck mightily between a rock and a hard place so such a song really does apply to those who’ve stolen for so long with impunity from the East as well as by any means from other world inhabitants.
The Cabal, Khazarians, Globalists, etc. are in desperate form at the moment, but they are still fighting back with everything they can muster.
With a few wins they could be right back in the game with more dark financing to take a solid shot at our President and destroy our country in the process. This must not be allowed to happen, so allow me now to close a few metaphorical doors on them.

The French and German Elections are just such examples of how the Cabal will cleverly attempt to keep their fingers on the power buttons (and their hands in the “golden cookie jar” of worldwide funds).

In the race in Germany there is the incumbent Angela Merkel who literally has been tearing Germany apart with her own meddling hands on behalf of her compadres in the New World Order. Her German constituents mean nothing to her so long as she achieves the desired results that the One World Government demands.

Long-suffering victims of the Cabal, too numerous to mention, can look back into history and see how destructive and sociopathic the Cabal has been and how it continues to wreck havoc even up, to this present day.

The members of the Cabal consider everything on the planet to be their own, including humanity (as Hillary so coldly described some of us as the “deplorables”). Tragically, everywhere you look you see their criminal markings and colossal interference.

It is not time for us to relent or stop to rest, but, rather we must continue to move strongly united and courageously forward, never giving them a chance to breathe while we strip them of their arrogance and blatant criminality.We must also immediately and forthrightly lend assistance and support to people such as USA President Donald Trump, Hungarian President Janos Ader, Philippine President Rodrigo Duterte, Russian President Vladimir Putin, Chinese President Xi Jinping, and the newly elected South Korean President Moon, a good man and no relation to that Cabal piece of crap known as Ban Ki-moon.

Many hands are needed in our diligent quest to take down what we’ve come to know as the “New World Order”. At times it may be hard to distinguish “who is who”, but the leaders listed above are a good solid team, fighting fire with fire and winning at doing so despite the lies and subterfuge of the MSM.President Trump is by far smarter and much more clever than those in opposition to him. He is still wisely purveying his territory and is definitely ready to take the gloves off for this historic, formidable battle on behalf of We The People.Foolishly, they thought they were safe hiding within the US, but those days are done and gone forever! They’ve hid like cowards, because they’ve never had any real cajones.They are the stinking, rotting remains of the Old Roman Republic where pedophilia and child abuse were common, and women were mistreated and used just for procreation and nothing more, many of whom died in childbirth.These sick, nasty scoundrels have now been made fully aware of being placed on immediate notice that they are solely on borrowed time from here on until justice is done!
Remember: In France it didn’t matter that an unknown Macron ran against Marine Le Pen, because the Cabal had placed enough migrants and others with “voting rights” in order to topple their French citizenry. Yes, France went down and an unknown won.
Obama and other Globalists came in to support Macron and with heaps of money and a non-French base they stole the country from the French on behalf of their quest for the New World Order and to eliminate the European people with their Agenda 21.
Europe will be in the same boat if they have their war. People, stay strong! There are ways to take them down, and I know the way.

We have further battles going on throughout the world, including embattled President Trump taking on the entire “Deep State Establishment”. In retrospect, a huge mistake was made by letting Trump into the “hen house” of corruption, as he is very foxy indeed!

The “Deep State Establishment” are blowing their not-so-hidden agendas with their numerous, failing attempts to undermine Trump’s Presidency. Soon they will be paying heavily for it, as they are doing their best to conceal everything good about Trump and paint him and his staff with broad strokes of lies of corruption.

Of course, these efforts will fail, as many everyday American people are waking up and are clearly seeing through the maze of deception by the opposing forces.

President Trump has wisely and effectively split both parties now with even prominent Democratic financiers/directors vowing to support him, his policies, and his government.

Trump is continuing to drain the swamp, as he has been since day one… step by step…
Throughout the world the same process is happening, as we look at what you perhaps may not know. More than ever, vote smart, People, and do not allow the Globalists to be in power! It is your personal lives and that of your families that we are talking about here.
Read more: http://neilkeenan.com/